| 30.06.2009 - Private investors sell 49% stake in EIB to government |
| From Business24-7.ae: Private sector investors yesterday agreed to sell their 49 per cent stake in the Emirates Industrial Bank (EIB) to the Federal Government. The Ministry of Finance previously owned 51 per cent of the bank and the government now becomes the sole owner. A number of investors held 49 per cent of the stake, who agreed unanimously to the sale........Full Article: Source |